๐Ÿ”ฎ

Options P&L Calculator

Call & Put Options โ€” Payoff, Breakeven, Greeks & Risk/Reward

๐Ÿ“ˆ
Long Call โ€” Buy CE
Profit when market goes UP. Limited risk (premium), unlimited profit potential.
24240
Net P&L at Expiry (Spot = 24240)
+โ‚น9,000
โ‚น9,000/lot | 100.0% on premium
๐ŸŽฏ
โ‚น24,120
Breakeven
Spot must be > โ‚น24120
๐Ÿ’ธ
โ‚น9,000
Max Loss
Limited to premium paid
๐Ÿ†
Unlimited
Max Profit
As spot rises
โš–๏ธ
โ‚น9,000
Premium Paid
Total cost

๐Ÿ“Š Payoff at Different Spot Prices

Spot at ExpiryIntrinsic ValueNet P&LReturn %
19200โ‚น0 โˆ’โ‚น9,000 -100.0%
20000โ‚น0 โˆ’โ‚น9,000 -100.0%
20800โ‚น0 โˆ’โ‚น9,000 -100.0%
21600โ‚น0 โˆ’โ‚น9,000 -100.0%
22400โ‚น0 โˆ’โ‚น9,000 -100.0%
23200โ‚น0 โˆ’โ‚น9,000 -100.0%
24000โ‚น0 โˆ’โ‚น9,000 -100.0%
24800โ‚น60,000 +โ‚น51,000 +566.7%
25600โ‚น1.2L +โ‚น1.1L +1233.3%
26400โ‚น1.8L +โ‚น1.7L +1900.0%
27200โ‚น2.4L +โ‚น2.3L +2566.7%
28000โ‚น3.0L +โ‚น2.9L +3233.3%
28800โ‚น3.6L +โ‚น3.5L +3900.0%

๐Ÿ”ข Option Greeks (ATM Approximation)

ฮ”
Delta
~0.50
Change in option price per โ‚น1 move in underlying. ATM delta โ‰ˆ 0.5.
ฮ˜
Theta
โˆ’3.6/day
Daily premium decay. Buyers lose Theta; sellers gain it every day.
ฮ“
Gamma
~0.002
Rate of change of Delta. Highest for ATM options near expiry.
ฮ
Vega
+18.0/1% IV
Change in option price for 1% change in implied volatility.
ฯ
Rho
+0.05
Sensitivity to interest rate changes. Less important for short-term options.

๐Ÿ“š Options Basics โ€” For Beginners

๐Ÿ“œ
What is a Call Option?
Right to BUY underlying at strike price. Profitable when spot > strike + premium. Buyer pays premium; seller receives it.
๐Ÿ“œ
What is a Put Option?
Right to SELL underlying at strike price. Profitable when spot < strike โˆ’ premium. Used as portfolio hedge or directional bet.
๐Ÿ’ฐ
Premium
The price paid to buy an option. Time value + Intrinsic value = Premium. Decays to zero by expiry (Theta decay).
๐Ÿ“…
Expiry
Options expire on the last Thursday of each month. Weekly options expire every Thursday. After expiry, option is worthless if OTM.
๐Ÿ“
Strike Price
Price at which you can exercise the option. ATM = At the Money (spot โ‰ˆ strike). ITM = In the Money. OTM = Out of the Money.
โš ๏ธ
Theta Decay
Options lose value every day as expiry approaches. Buyers lose from Theta; sellers gain from it. Accelerates in last 7 days.

Options P&L Calculator India โ€” Call Put Payoff | CalcNation

Calculate options P&L for long call, long put, short call and short put positions. Shows breakeven, maximum profit, maximum loss, payoff table at different spot prices, and option Greeks approximation. Ideal for Nifty and Bank Nifty options traders in India.

How to Calculate Options P&L?

Long Call P&L = Max(Spot โˆ’ Strike, 0) โˆ’ Premium ร— Lot Size ร— Lots. Breakeven for long call = Strike + Premium. For long put = Strike โˆ’ Premium. This calculator shows payoff at every spot price from 30% below to 30% above strike.

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